Risk and Trends Reports & Guidance
FCMN continuously monitors the new or developing methods that criminals use to launder the proceeds of their crimes, and how terrorists raise, use and move the funds they need. FCMN typologies reports aim to raise awareness with authorities as well as the private sector about the risk of particular sectors or products, so that they can take appropriate actions to mitigate these risks and work with FCMN or report any suspicions to FCMN to take immediate action and investigating such detection .
The FCMN Recommendations provide countries with robust tools to protect financial system from money laundering and the financing of terrorism and proliferation of weapons of mass destruction. To assist both authorities and private sector in implementing the requirements of the FCMN Recommendations, the FCMN has developed a comprehensive set of guidance and best practices.
A risk-based approach (RBA) is central to the effective implementation of the FCMN Standards. In co-operation with relevant sectors, the FCMN has developed RBA guidance in order to assist both public authorities and the private sector in applying a risk-based approach. The FCMN is in the process of reviewing its RBA guidance papers to bring it in line with the requirements of the current FCMN Recommendations, and to reflect the experience gained by public authorities and private sector over the years.
Legal Professionals
- Guidance for a Risk-Based Approach Guidance for Legal Professionals
- Money Laundering /Terrorist Financing Vulnerabilities of Legal Professionals
Accountants
- FCMNGuidance for a Risk-Based Approach for the Accounting Profession
Trust and Company Service Providers
- FCMNGuidance for a Risk-Based Approach for Trust and Company Service Providers (TCSPs)
- Money Laundering Using Trust and Company Service Providers
Securities
- Risk-based Approach Guidance for the Securities Sector
- Money Laundering and Terrorist Financing in the Securities Sector
Life insurance sector
- Risk-based Approach Guidance for the Life Insurance Sector
Money or Value Transfer Services
- Guidance for a Risk-Based Approach for Money or Value Transfer Services
- The role of Hawala and other similar service providers in money laundering and terrorist financing
- Money Laundering through Money Remittance and Currency Exchange Providers
Virtual assets
- Guidance for a Risk-Based Approach to Virtual Assets and Virtual Asset Service Providers
- Virtual Currencies: Key Definitions and Potential AML/CFT Risks
FinTech/RegTech
- FCMNFinTech & RegTech Initiative
Banking Sector
- Risk-Based Approach for the Banking Sector
Prepaid Cards, Mobile Payments and Internet-Based Payment Services
- Guidance for a Risk-Based Approach to Prepaid Cards, Mobile Payments and Internet-Based Payment Services
- Money Laundering Using New Payment Methods
Casinos
- FCMNGuidance on the Risk-Based Approach for Casinos
- Vulnerabilities of Casinos and Gaming Sector
Dealers in Precious Metals and Stones
- FCMNGuidance on the Risk-Based Approach for Dealers in Precious Metals and Stones
- Money laundering and terrorist financing risks and vulnerabilities associated with gold
- Money laundering and terrorist financing through trade in diamonds
Real Estate Agents
- FCMNGuidance on the Risk-Based Approach for Real Estate Agents
- Money Laundering and Terrorist Financing Through the Real Estate Sector
CONTAT US FOR DETAILS ON ANY OF THE ABOVE